Posts Tagged ‘tax incentives’
Over the last three days, we have looked at the state of gray water in this great state. We have talked about the challenges of the past and the opportunities of the present. And when it comes to the future of gray water recycling in South Carolina, I am optimistic, friends.
I am less optimistic, however, about our nation’s overall water consumption. If you look at the path we are taking, we simply cannot sustain the water we consume. According to the EPA, the average American used about 10 gallons of water every day a century ago. Today, we use 100 gallons. Another stat claims that at least 36 states will face serious water shortages within the next five years.
April 13, 2009
(WASHINGTON, D.C.) – U.S. Rep Mike Coffman (R-Colorado) today announced a new legislative proposal to increase water conservation recently introduced in the Congress. The legislation, House Resolution 1908, The Water Accountability Tax Efficiency Reinvestment Act (W.A.T.E.R. Act), will promote water conservation by providing a tax credit to homeowners and businesses that purchase water efficiency-components that reduce water consumption.
This legislation will help conserve one of our most precious resources by providing a tax incentive to reward water conservation. Water conservation must be a key component of an overall strategy for meeting the increased demands for water across our country,” said Coffman.
Coffman modeled his legislation after the “Energy Star” program currently administered by the Environmental Protection Agency (EPA). Under the Energy Star program, energy-efficient products, that may cost more to purchase than standard models, will pay the consumer back in lower energy bills within a reasonable time frame irrespective of any benefit derived from the tax credit.
To read more, visit: Congressman Mike Coffman, Representing the 6th District of Colorado.
